Business community gradually moving away from wackier elements of the Republican Party

Friday

Dec 7, 2012 at 5:15 PM

Joe Conason has discerned THIS interesting political development:

Leaders of the American business community, who have long indulged the Republican far right as an instrument toward their own ends, seem to be growing weary of its political excesses. Recognizing the public verdict of last monthís election, corporate officialdom is moving toward moderation on taxes and other issues, showing support for the Obama White House and edging away from congressional Republicans.

The latest top executive to endorse the presidentís position on rescinding the Bush tax cuts for the top two percent is Fred Smith, CEO of Federal Express and a former ...

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Pat Cunningham

Joe Conason has discerned THIS interesting political development:

Leaders of the American business community, who have long indulged the Republican far right as an instrument toward their own ends, seem to be growing weary of its political excesses. Recognizing the public verdict of last monthís election, corporate officialdom is moving toward moderation on taxes and other issues, showing support for the Obama White House and edging away from congressional Republicans.

The latest top executive to endorse the presidentís position on rescinding the Bush tax cuts for the top two percent is Fred Smith, CEO of Federal Express and a former ...